DAOctor-1 · 2023/06/07
why we need truly dmedia? #430
#ideathon-dmeida
The advance of tech has created a fifth estate. People who control tech control the most scarce resource of our time and a very long time to come. In the realm of media and journalism, consolidation of news corporations and social media created the danger of an authoritarian future, especially when major media and social media platforms share a common view. Although the shift of Twitter’s control changed the dynamics, one fact remains true: the fourth estate is controlled by a small group of people, and there is a centralization risk of it which could potentially cause catastrophic results to the entire human society